Revolut, the prominent fintech company, has finally been granted a UK banking license after a rigorous three-year regulatory process. This milestone marks a significant achievement for Revolut, enabling it to expand its services and offer customers enhanced financial products. The Journey to a UK Banking License Revolut’s journey to obtaining a UK banking license began three years ago when it…
The Trump campaign has made headlines by raising over $4 million in cryptocurrency for its 2024 campaign, with the majority of funds coming in Bitcoin. This development marks a significant shift in political fundraising, highlighting the increasing acceptance of cryptocurrencies in mainstream finance and politics. Cryptocurrency in Political Campaigns Cryptocurrency has been gaining traction in various sectors, and its entry…
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $3.29 million. While Blackrock Captures Nearly $66M, Grayscale Outflows Weigh in Again During Wednesday’s trading sessions, U.S. spot bitcoin ETFs accumulated […] Source: https://news.bitcoin.com/us-bitcoin-etfs-draw-44-51m-in-inflows-gbtc-sees-another-round-of-outflows/
The author and Bitcoin advocate’s panel was sobering, harkening back to the Bitcoin community’s, anti-establishment ethos. Source: https://cointelegraph.com/news/jimmy-song-criticizes-btc-2024-speakers-not-what-makes-bitcoin-great?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto avarice is back in the spotlight, highlighting the potential dangers and opportunities in the world of digital assets. The recent events in the cryptocurrency market have provided a new lesson in greed and avarice, with implications for both investors and regulators. The Rise of Greed 2.0 in Crypto The cryptocurrency market has always been known for its volatility and…
Marathon Digital (NASDAQ:MARA), a leading Bitcoin mining company, has made headlines with its recent purchase of $100 million worth of Bitcoin. The company has also announced a return to its full HODL (Hold On for Dear Life) strategy. This significant move underscores Marathon Digital’s commitment to long-term Bitcoin investment and reflects broader trends in the cryptocurrency market. Marathon Digital’s $100M…
OpenAI has announced its intention to enter the search engine market with the announcement of SearchGPT, an AI-powered search engine that aims to make searching more natural for users. Although described as a “temporary prototype,” the Thursday reveal is a clear shot across the bow of the singularly dominant Google—as well as Microsoft Bing, which currently provides search results for…
The restaking sector is facing significant challenges as recent data reveals $2.3 billion in outflows from EigenLayer, a prominent restaking protocol. This development signals a potential slide in the restaking industry, raising concerns about its future viability and stability. Significant Outflows from EigenLayer EigenLayer, a leading player in the restaking sector, has experienced substantial outflows amounting to $2.3 billion. This…
BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024. Source: https://cointelegraph.com/news/blackrock-crypto-etfs-client-demand-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The developer of the Illuvium blockchain gaming franchise released three interconnected sci-fi fantasy games onto the Epic Games Store on Thursday. After a series of betas, Illuvium is branding this as the “official game launch,” following a play-to-airdrop campaign. Built on Ethereum scaling network Immutable X, the three titles—Illuvium: Overworld, Arena, and Zero—span distinctly different genres but feed into each…
